⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Wednesday, June 24, 2026Time not confirmed
No sourced report session or clock time
Deterministic evidence
MU+3.20%
Broad market · SPY-1.23%
Same completed session window ending 2026-07-23.
+4.43 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
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AI output is commentary, not scanner evidence or a sizing recommendation.
Price$990.21Jul 23 close
52W High$1255.00-21.1%
52W Low$103.38
Wks Since High3w
Base Depth-35.9%
BaseB8
SMA 50$952.30
SMA 200$498.41
Avg Vol52,844,298
RS Rank99
RS vs High-18.8%
RS Slope-18.8% ▼
ADR%6.7%
ATR(14)$71.55 (7.2%)
Rel Vol (today)0.76×
Vol PaceN/A
U/D Vol0.85
A/D Days15A / 12D
A/D RatingA
VDU Bars0/10 d
Power Trend3d
Earnings
past
$103.38
$1255.0077%
MU Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟢 1 legend rates this Buyable · 5 watching · 0 avoid.
Separate score from the 8-point Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Minervini A · Buyable — The deterministic methodology check is Buyable; the trigger still requires the stated price and volume confirmation.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
No active setup in the latest scan — showing last result from 4 days ago. Patterns may no longer be valid.
Run a new scan →
Forming Patterns (predictive — not confirmed)
Head & Shouldersbearishforming
75%built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~796.25 (neckline) to confirm, with measured-move risk toward ~337.51. A push back above 1011.77 weakens the pattern; reclaiming 1255.00 invalidates it.
Confirms below796.25
Invalidates at1255.00
Left Shoulder1089.29
Head1255.00
Right Shoulder1011.77
Neckline796.25
Target337.51
LS 1089.29 / head 1255.00 / RS 1011.77, neckline ~796.25, vol_fading=yes
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$990.21 vs SMA150 $590.14 / SMA200 $498.41
✓
SMA 150 above SMA 200SMA150 $590.14 vs SMA200 $498.41
✓
SMA 200 trending upSlope +82.97 over 20 days
✓
SMA 50 above SMA 150 & 200SMA50 $952.30
✓
Price above SMA 50$990.21 vs SMA50 $952.30
✓
30%+ above 52W low+857.8% from $103.38
✓
Within 25% of 52W high-21.1% from $1255.00
✓
RS score above 70RS 99
Fundamentals
52W Range
77%
Mkt Cap SEC
1.1T
EPS QoQ
+155%
Rev YoY
+49%
ROE
41%
Gross Margin
58%
D/E
0.27
EPS TTM
$7.59
P/E TTM
130.5x
Float
1.1B
Insider
No Buy
Company
Legend AI snapshot
Micron Technology, Inc.
MU · NASDAQ
· Electronic Technology
· Semiconductors